Karachi: Engro Holdings Limited has successfully completed its share buy-back program, which spanned from May 7 to October 25, 2026. The company's board of directors initially decided on the purchase on March 27, 2026, followed by a special resolution passed in a general meeting on April 28, 2026. The public announcement was made on April 30, 2026.
The purchase was conducted through the automated trading system of the Pakistan Stock Exchange Limited. Engro Holdings Limited accepted 36,231,994 shares, which were acquired at the spot or current rate as per the regulations governing listed companies. The total expenditure for this buy-back amounted to PKR 9.93 billion.
According to information available from the Pakistan Stock Exchange (PSX), the procedure for the acceptance of shares was carried out seamlessly through the exchange's automated trading system. Notably, no treasury shares were held, and all purchased shares were subsequently canceled.
This buy-back initiative by Engro Holdings Limited illustrates a significant move, marking the culmination of the company's strategic financial maneuver within the designated market category.